Media Wire

EU reaches initial deal to lift Syria’s economic sanctions: Report

European Union countries have given the green light to lifting economic sanctions on Damascus in a bid to help the war-torn country recover following the overthrow of Bashar al-Assad, according to diplomats speaking to news agencies.

Ambassadors from the EU’s 27 member states struck a preliminary agreement for the move, which should be formally unveiled by foreign ministers meeting in Brussels later on Tuesday, diplomats said, noting that the final decision is up to ministers.

This follows an announcement by the United States last week that it is lifting sanctions on Damascus.

The country’s new leadership has urged the West to ease the restrictions to help Syria recover from years of despotic rule and civil war.

EU diplomats told the AFP news agency the agreement should see sanctions cutting Syrian banks off from the global system and freezing central bank assets lifted.

But diplomats said the bloc was intending to impose new individual sanctions on those responsible for stirring ethnic tensions, following deadly attacks targeting the Alawite minority.

Other measures targeting the al-Assad government and prohibiting the sale of weapons or equipment that could be used to repress civilians were set to remain in place.

The latest move from the EU comes after its first step in February, suspending some sanctions on key Syrian economic sectors.

Officials said those measures could be reimposed if Syria’s new leaders break promises to respect the rights of minorities and move towards democracy.

IFP Media Wire

Reports and views published in the Media Wire section have been retrieved from other news agencies and websites, and do not necessarily reflect the opinion of the Iran Front Page (IFP) news website. The IFP may change the headlines of the reports in a bid to make them compatible with its own style of covering Iran News, and does not make any changes to the content. The source and URL of all reports and news stories are mentioned at the bottom of each article.

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